AJP RIGGING LIMITED
Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (70/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-07-31 |
|---|---|
| Total assets | £16.0k |
| Current assets | £14.3k |
| Net assets | £3.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
- • 1 accounts
- • 1 accounts
Corporate timeline (16 events)Click to expand
- 2026-04-28📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-04-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-29📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-08-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-04-29📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-08-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-30📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-04-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-04-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2016-07-26🏢Company incorporatedAs AJP RIGGING LIMITED
- 2016-07-26➕PETTITT, Allan John appointeddirector
- 2016-07-26📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
- +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Allan John Pettitt Individual · British · DOB 03/1966 · age 60 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 26/07/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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8 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (1 active · 0 resigned)
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